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Sep 10, 2012 4:00am EDT
carl says, they'll print money. and when they print money, you better own silver or rice or a real he is set. >> joining us is ben liechtenstein. i don't know if you caught that, but a couple of our european guests are pretty cautious on the attractiveness of u.s. equities. you look at the tone this morning, are you surprised there's in the administer of a positive attitude now that people are talking about qe-3? >> well, not really. recently obviously bad has been good for the most part. we saw that on friday with the weaker than expected jobs data, but we saw a bit of activity for the most part or lack of a selloff if you will. but i think what we're dealing with right now headed in to this morning is weak than expected import and export data out of china and just a little bit of weight at the top. 1335 level on the s&p is a difficult level to get through. we've exhibited an enormous amount of energy to get up to the level. the question traders have, is this a top or a double top area. and certainly i have to agree with the argument that if we start to see stocks coming off and we s
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